{"id":611774,"date":"2023-08-09T19:48:00","date_gmt":"2023-08-09T16:48:00","guid":{"rendered":"http:\/\/devrri.freshlemon.ro\/news-and-current-affairs\/newsflash\/august-9-2023-update-id611774.html"},"modified":"2023-08-09T19:48:00","modified_gmt":"2023-08-09T16:48:00","slug":"august-9-2023-update","status":"publish","type":"post","link":"https:\/\/www.rri.ro\/en\/news-and-current-affairs\/newsflash\/august-9-2023-update-id611774.html","title":{"rendered":"August 9, 2023 UPDATE"},"content":{"rendered":"<p><p><strong class=cms-bold>Coalition.<\/strong> The Liberal leader Nicolae Ciuc\u0103 has ruled&#13;<br \/>\nout the possibility of breaking up the governing coalition or triggering early&#13;<br \/>\nelections, saying that together with the Social Democrats, solutions will be&#13;<br \/>\nfound so that the tax reform should not involve new taxes for companies. The&#13;<br \/>\nclarifications come after new discussions with Prime Minister and leader of the&#13;<br \/>\nSocial Democratic Party Marcel Ciolacu about the reforms envisaged by the&#13;<br \/>\ngovernment through an emergency order relating to the administration and the&#13;<br \/>\ntax area. The Prime Minister says he is ready to resign if the Liberal Party&#13;<br \/>\nwithdraws its support for this package of measures aimed at maintaining the&#13;<br \/>\nbudget deficit within the limits agreed upon with the European experts. New&#13;<br \/>\nconsultations between the coalition partners are announced for these days. The&#13;<br \/>\ndraft emergency order on the elimination of a number of tax facilities and the&#13;<br \/>\nmodification of a number of taxes is still under debate. The measures are aimed,&#13;<br \/>\namong others, at increasing taxes for small and medium-sized enterprises, changing&#13;<br \/>\nthe VAT or taxing the salaries of programmers earning more than 2,000 euros.&#13;<br \/>\nThe goal is to increase revenues to the state budget and comply with the&#13;<br \/>\ncommitments assumed through the National Recovery and Resilience Plan. The&#13;<br \/>\nrepresentatives of IT companies have criticised the proposed tax measures,&#13;<br \/>\nsaying they would seriously affect this field and that some companies are&#13;<br \/>\nalready considering moving their businesses to nearby countries.<\/p>\n<p><\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<\/p>\n<p><strong class=cms-bold>Inflation.<\/strong> The National Bank of Romania has revised&#13;<br \/>\nupward its inflation forecast for the end of this year to 7.5% and to 4.4% for&#13;<br \/>\nthe end of 2024, according to the data presented on Wednesday by the bank&#8217;s&#13;<br \/>\ngovernor, Mugur Is\u0103rescu. The Central Bank estimated, in May 2023, an inflation&#13;<br \/>\nrate of 7.1% for the end of 2023. Mugur Is\u0103rescu pointed out that only some tax&#13;<br \/>\nincreases are leading to a higher inflation rate, namely direct taxes on&#13;<br \/>\nconsumption, excise taxes and VAT taxes. The report mentions  uncertainties regarding the projected&#13;<br \/>\ntrajectory in the context of the likely adoption of some tax correction&#13;<br \/>\nmeasures to boost budget revenues, which are likely to have a direct impact on&#13;<br \/>\ninflation, such as increases in indirect taxes &#8211; the VAT and excises.<\/p>\n<p><\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<\/p>\n<p><strong class=cms-bold>Kidnapping.<\/strong> The Romanian citizen&#13;<br \/>\nkidnapped eight years ago in Burkina Fasso has been released and has safely&#13;<br \/>\nreached Romania. The foreign ministry, which made this announcement, thanked&#13;<br \/>\nall its international partners, especially the Moroccan authorities, for their&#13;<br \/>\nsupport in solving this case, which it described as extremely complicated.&#13;<br \/>\nIulian Ghergu\u0163, who was working for a security firm at a mine in Burkina Fasso,&#13;<br \/>\nwas kidnapped in 2015 by armed Islamist groups who later sold him to other&#13;<br \/>\ngroups in Mali. <\/p>\n<p><\/p>\n<p>&#13;<br \/>\n&#13;<br \/>\n&#13;<br \/>\n&#13;<\/p>\n<p><strong>Museums.<\/strong>&#13;<br \/>\nThe Long Night of Museums in the Village, a new Romanian nationwide cultural&#13;<br \/>\nevent, will take place, for the first time, this year, on September 2, with&#13;<br \/>\nRadio Romania&#8217;s regional stations partnering with the event. The number of&#13;<br \/>\ninstitutions participating in this first edition has so far reached 79, from 27&#13;<br \/>\ndifferent counties. The registration session is open until August 15, and the&#13;<br \/>\ngoal of the organisers is to get 100 institutions to sign up. On the occasion&#13;<br \/>\nof this first edition of the Long Night of Museums in the Village, the National&#13;<br \/>\nNetwork of Museums in Romania will launch a national support campaign for the&#13;<br \/>\ndevelopment of educational programmes for children and young people from rural&#13;<br \/>\ncommunities.<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A roundup of local and international news.<\/p>\n","protected":false},"author":113,"featured_media":105208,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[22],"tags":[32984,29488,33541],"coauthors":[],"class_list":["post-611774","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-newsflash","tag-coalition","tag-inflation","tag-museums"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>August 9, 2023 UPDATE - 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